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20110724
20110724
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Search Results 0 to 20 of about 21 (some duplicates have been removed)
says that mr. obama wants big government, not a big economy. >> republicans have tried to persuade the president of the need for a course correction. but weeks of negotiations have shown that his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> question. when the negotiations started, president obama was looking for a big deal. $4 trillion in spending cuts and tax hikes. has the big deal turned into a big fizzle, pat buchanan? >> it has not, john. did it for awhile but now it is back, and we're talking about something close to adds 4 trillion deal. the president is deep in negotiations with boehner and cantor, and here are the terms. you raise the debt ceiling, at the same time there are 3 trillion in cuts, and they deal with social security and medicare. there is no revenue enhancement. however, you get together some kind of commission which what it does, john, it drops tax rates in return for giving away these deductions, exemptions, allowances, breaks, which in effect is pure reaganism. there's one problem with that. there's a
in britain, news corp. has made big business mistakes in america. it owns dow jones -- it bought at dow jones in 2007 and two years later it was worth $2.8 billion, less than their purchase price. myspace was bought for $580 million in 2005, sold for $35 million this year. but one of their largest shareholder still has huge confidence in the company. >> you have seen a business that has evolved, moving from newspapers and to other media, and moving more fee- based business model as opposed to advertising based. i think there is an awful lot of good steps that have been made, and i am very impressed overall with the company's success. >> rupert murdoch is back in america, more comfortable perhaps in a country where big investors still back him as the chief executive. >> here is a man, even though he is 80 years old, warren buffett is 80 years old and he is doing well, sumner redstone, and these are men with long track records of great success. to not want some of that wisdom in there, i think, would be a mistake. as will rogers said, good judgment comes from experience, and a lot of that comes
was big news there and big news here. how else did the media react and what else have we learned about the scandal. >> republicans have laid out a responsible and detailed path forward, and the house has passed it. >> jon: the house passes a plan to fix the debt crisis, but the media condemn the effort. >> do we really have time for a plan that is really just show? >> and the great debt debate goes on with more distortion from the liberal press? >> there he's saying brinksmanship, trickery around the time of a deadline just to get your way is sort of economic terrorism. >> has the negative media coverage hurt the effort. >> g.o.p. presidential candidate michele bachmann goes on the defensive after a negative story about her health and ability. did that story fail the journalistic ethics test? >> having fired the imagination of a generation, a ship like no other, its place in history secured, the space shuttle pulls into port for the last time. >> and an end to an era, with no clear future for a u.s. role in space, if the media lost interest? and captain america is back. and the media r
boehner is still considering and still probing with the white house the possibility of a big deal that would be nearly $4 trillion in deficit reduction and include $800 billion in added tax revenues over the next ten years. if he goes this route, i am told he will face a revolt from his republicans in the house, including his fellow leaders, eric cantor, kevin mccarthy. it's a very risky move for him but i'm told he's still considering it. >> treasury secretary tim geithner joins me now. he would have to manage the chaos if the united states defaults for the first time in history. secretary geithner, thank you for being here. well, you just heard what jonathan said about what's on the table. is it possible that there will be a framework deal in place by 4:00 p.m. this afternoon. >> i hope so. again, both leaders recognize they're running out of time. they need to get this process moving in the house by monday night to achieve that deadline. they need to have a framework that they know with complete confidence will pass both houses of congress and is acceptable to the president and
it at scale, and that has been the big challenge. >> can you elaborate on that? what does that mean exactly? >> we would not exist if there was not a feeling that a lot of these communities do not have the experience online of finding the information that is most relevant to them. there are a lot of great weekly newspapers. there are a lot of bulletin boards, facebook woods, you name it. there is a lot of media focused at local, but not every community has it, and even the ones that do often are not getting the kind of service that i think they used to historical because of downsizing and regional newspapers not serving those communities the way they used to. so you will have the council meeting not really being covered. we have had numerous examples where board meetings, council meetings, things that those members got used to not being covered. suddenly, they were seeing the week after week and seeing that we were there to stay. >> in the audience, do you feel like you're communities are being covered well? do you know what is going on in your back yard? do you feel like your stories being
this discussion. we're not going to come up with a solution and say our problems are solved. this is a big band-aid on a much more serious problem. >> this isn't about jobs today. this is about where we're going to be in ten or fifteen years. are we going to run off a cliff? are we going to have a gradual adjustment or wait until the last second and have markets force us? they're not forcing us to do this. we see it coming eventually. so this is not going to help. although it'll encourage wall street, encourage credit a bit. because it'll provide a bit of calm finally in the markets over this. >> do you think that any of that -- any of the plans you see right now when you look at them do you say any of this will create jobs now? because the warning i'm hearing about so many of them is in the short-term, this is possibly going to slow things down even more. >> yeah. they're not creating jobs now. but they're taking some very hard problems and by gosh, if they actually do some of the tax reform, it's going to make a big difference over the longer term. it will be a help for the economy. >> jeanne
. rupert murdoch says he runs a big company and couldn't be expected to know the details of illegal conduct at one london tabloid or precisely how it was covered up. the chief executive of news corp. went out of his way to down play his influence. >> sometimes i would say to keep in touch. i edit "the sunday times" nearly every saturday, not to influence what he has to say at all. >> perhaps the most penetrating question came from a member of parliament who wanted to know just where does the buck stop? >> do you accept responsibility for this whole fiasco? >> no. >> you're not responsible. who is responsible? >> the people that i trusted to run it and then maybe the people they trusted. >> the hearing was carried live by all three cable news networks, including murdoch's fox news and made headlines here and around the world. >>> 80-year-old global power broker rupert murdoch called this the most humble day of his life. we watched him called to account in front of british parliament for the scandal that outraged the world. >> rupert murdoch called it the most humbling day of his life and he
the prime minister agree that in the past when the house of commons has been faced with big issues that they have a tendency for knee-jerk overreactions? would you agree that newspapers are a force for good in this country and we need criminality weeded out of the media but not impose on a free speech or prepress? >> my hon. friend is entirely right. we need to make sure as the house of commons, as the government, in the debate that we have to show an element of restraint in regulation of the media because there's always a danger that the pendulum will swing too far the other way and we threaten investigative journalism, a strong and independent media that can hold government to account. when we consider some of the scandals that have been uncovered, it is often the press that does this. it is absolutely vital to maintain their british tradition. >> rebekah brooks described the prime minister as a friend and neighbor. we heard about christmas walks and conversations. >> order. this is the moment in parliament where we have a free speech. this question will be heard. that is the end
they should hold their breath waiting for speaker boehner to accept the invitation. and for our big number. to go back how far our government's debt goes, believe it or not to 1790 when the government bonds were issued to pay off the revolutionary war. how much is owed to people in the george washington administration? $55,757. i wonder what the founding fathers who have to say about that one. that is tonight's big number. that's "hardball" for now. thanks for being with us. chris will be back on monday. up next "your business" with j.j. ramberg. gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. you had me at "probiotic." diabetes testing? what else is new? you get the blood, hope it's enough, it's-- what's this? freestyle lite® blood glucose test strip. sure, i'll try it, but-- [beep] wow. yep, that's the patented freestyle zipwik™ design. it's like it-- [both] targets the blood. yeah, draws it right in. the test starts fast. you need just a third the blood of one touch.® okay. free
. >> so things like use of petty cash -- that could be quite big sums of money or small -- at the moment you just record that the journalist gave it to somebody. >> yes, and i don't have direct knowledge of all of those arrangements. >> i was going to ask if payments could have been made to family members of those alleged to have been hacked and similar, but is it possible that other forms of remuneration can be used in your company apart from cash and bank transfers? i am talking of things like travelers checks, vouchers and things that can be redeemed for cash. >> i don't have knowledge of that. >> just looking at some of your corporate governance -- page 2 and page 4 of your own code -- it mentions directors, employees and officers of news corporation acting to the principles set forth, including consultants, agents, suppliers and business partners adhering to the standards. it says, "we may never ask a third party to perform any act that would violate these standards." can you tell me a little bit more, especially on the financial side, how you, as an organization, try and make that
we had a really big problems. domestic sales have tumbled, but we were able to compensate by doing business abroad. for one and a half years, domestic activity has stalled. >> a 48 billion euro austerity package is supposed to kick start the recovery. along with cuts to the public- sector budgets, the berlusconi government wants to boost revenue. they say privatisation will bring in billions of euros. at the same time, various taxes are to be increased. experts warn that will not stop the crisis. >> as a whole, the austerity package has been defined. but whether it will be enough is hard to say. i have the impressions are not taking a focused look at individual measures. instead, they are examining the credibility of the institutions. >> even before the vote in parliament, union members were demonstrating against the austerity measures. the opposition agrees with their position, saying that families and a modest earners will bear the heaviest burden and there are other ways to save. >> for example, we could cut the number of provinces. we spend billions on the bureaucracy. the numb
-- >> what are you suggesting? >> exactly what you think. >> paul tsongas had cancer. there was a big difference between cancer and migraines. if we are going to hold up a standard that if you have a headache that knocks you out for an hour or two, you cannot be president, fdr and kennedy, who had addison's disease, and eisenhower, who had a bad heart, would never have been president of the united states. i am not sure that is the position any of us would want to take. i think her answer was good, i think based on the evidence -- is their behavioral evidence of this woman not being able -- >> just be a cautionary. >> well, cautionary is fine -- >> i don't know the capitol hill physicians but i don't think it is fair to imply that somehow this is a less qualified individual. >> i'm not saying that. >> what about rick perry? >> rick . looks more and more like he is going to come into the race. -- rick perry looks more and more like he is going to come into the race. mike huckabee, a conservative finalist in 2008 against john mccain, has taken a shot at him, saying he will be the champio
in the big, formal set up? tim farley, the director of programming at sirius xm radio. >> high notes of recent history, the space shuttle atlantis. the completion of yet another mission, sts 135. that is also my low note of the week because it marks the conclusion of a successful mission. now we are left in limbo, wondering what commonality, great mission we can be on where democrats and republicans can be united. >> low note. the news reports from somalia are so sad. i hope that we can provide some relief. >> i have won a low note. the producer of our lovely program for the last six years is leaving to return to her native sweden. we will miss her enormously. she also works at the white house, working for a radio outfit. i am sure all of us will miss her tremendously. >> skol! >> that is our show. we will get it done the best weekend. cheers. >> "white house chronicle"is produced in collaboration with --
Search Results 0 to 20 of about 21 (some duplicates have been removed)